Old Mr Lithium probably shouldn't do interviews while drinking in my opinion. He also said that MIN had low quality products. Not that they were poor miners.
I thought his comments were seriously uniformed. Product grade is always distributed on a yield / recovery curve and can be tuned to market conditions. In times of supply deficit, a company enhances earnings by maximising metal recovery at the expense of product grade, as low-grade product discounts reduce. In a different market, a different product would be produced.
It makes me wonder about the veracity of his other commentary. No person is infallible.
AZS Price at posting:
$2.70 Sentiment: None Disclosure: Not Held
